What Does Special Monthly Compensation Mean
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Special Monthly Compensation SMC SMC is an additional tax-free benefit that can be paid to Veterans their spouses surviving spouses and parents.
What does special monthly compensation mean. Return to top. The basic idea is that the VA wants to give additional disability pay in cases where the disability is so severe that the regular ratings just dont cut it. The rating schedule is meant to compensate veterans for reduced earning capacity due to their disability. Special monthly compensation rate payment variations Effective December 1 2020.
Special compensation includes compensation based on. Loss or loss of use of a hand or foot Loss of sight or hearing. VA Special Monthly Compensation also known as VA SMC is additional tax-free compensation that can be paid to disabled veterans their spouses surviving spouses and parents. VA special monthly compensation SMC is a higher rate of compensation that we pay to Veterans as well as their spouses surviving spouses and parents with certain needs or disabilities.
Special Monthly Compensation SMC is awarded to veterans with a service-connected condition or combination of service-connected conditions considered by the VA to be especially serious and debilitating. Go to the Compensation Rate Tables Go to the Special Monthly Compensation SMC Rate Tables Go to How to Read a Rate Table Page Go to the Rates Homepage. 1114 l is payable for anatomical loss or loss of use of both feet one hand and one foot blindness in both eyes with visual acuity of 5200 or less or being permanently bedridden or so helpless as to be in need of regular aid and attendance. The severity of these conditions warrants higher rates of compensation above the schedular 100 percent.
Special Monthly Compensation SMC is additional compensation a veteran receives because the VA recognizes that certain conditions require greater compensation. The special monthly compensation provided by 38 USC. Extra VA Disability special monthly compensation is given for especially serious disabilities or combination of disabilites. 1-800-273-8255 Press 1 Social Media.
For disabled veterans VA Special Monthly Compensation is a higher rate of compensation paid due to special circumstances such as the need. This is Special Monthly Compensation SMC. Special Monthly Compensation SMC is a tax-free benefit paid in addition to the regular VA Disability Compensation to a veteran who as a result of military service incurred the loss or loss of. Special monthly compensation is paid to vets who have lost limbs have certain combinations of conditions are housebound or need daily aid and attendance.
And you have your monthly rate for a 40 disabled veteran with three children.
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